KSA says work underway on $3.9bn worth of development projects

Saudi Arabia’s government has said that it is working on $3.89 billion worth of development projects, including a new airport and an industrial city, along with other road, water and electricity projects.

The projects include the development of an airport near Souk Okaz City, an industrial city in the Makkah province, along with others in the governorates of Taif, Mawiyyah and Meesan, which will cost a total of $2.93 billion.

The road networks will cost $239.7 million, while there will also be $480 million worth of water projects, $133.3 million worth of health facilities, $373.3 million worth of electricity projects and $26.6 million invested in educational facilities, a report in Saudi Gazette said, citing Prince Khaled Al Faisal, emir of Makkah, who was chairing the first meeting of the newly constituted local councils of the three governorates in Taif.

He added that work is progressing well on top-priority projects, such as the new Taif International Airport, Okaz City, Technology Oasis, residential suburb, industrial city and university city.